Emerging Markets Debt Fund - Investor Class (AEDVX) Margin Analysis

Emerging Markets Debt Fund - Investor Class

AEDVX (NASDAQ)

(%)

Models
Emerging Markets Debt Fund - Investor Class Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Apr 19	2023 Dec 31	2022 Dec 31	2021 Dec 31	2020 Dec 31
Revenue	65.48	65.48	60.69	70.94	74.73
Revenue Growth Rate	0%	7.89%	-14.44%	-5.07%	-20.34%
Cost of Revenue	0	0	0	0	0
Gross Profit	65.48	65.48	60.69	70.94	74.73
Gross Margin	100%	100%	100%	100%	100%
Operating Income	57.35	57.35	51.69	59.44	62.87
Operating Margin	87.58%	87.58%	85.17%	83.79%	84.13%
Net Income	71.4	71.4	-149.6	-36.01	47.25
Net Margin	109%	109%	-246.5%	-50.77%	63.24%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Apr 19	2023 Dec 31	2022 Dec 31	2021 Dec 31	2020 Dec 31
Revenue	65.48	65.48	60.69	70.94	74.73
Cash from Operating Activities	50.86	50.86	170.9	87	92.64
Cash from Operating Activities Margin	77.67%	77.67%	281.5%	122.6%	124%
Free Cash Flow	50.86	50.86	170.9	87	92.64
Free Cash Flow Margin	77.67%	77.67%	281.5%	122.6%	124%
Depreciation and Amortization	0	0	0	0	0
Depreciation and Amortization Margin	0%	0%	0%	0%	0%
Capital Expenditure	0	0	0	0	0
Capital Expenditure Margin	0%	0%	0%	0%	0%

Annual Chart

Monetary values in USD

{"sectionId": "section-chart-1", "sectionType": "chart", "title": "Annual Chart", "timeseries": "annual", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2020", "x": "2020-12-31", "y": 100}, {"l": "2021", "x": "2021-12-31", "y": 100}, {"l": "2022", "x": "2022-12-31", "y": 100}, {"l": "2023", "x": "2023-12-31", "y": 100}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2020", "x": "2020-12-31", "y": 84.13}, {"l": "2021", "x": "2021-12-31", "y": 83.79}, {"l": "2022", "x": "2022-12-31", "y": 85.17}, {"l": "2023", "x": "2023-12-31", "y": 87.58}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2020", "x": "2020-12-31", "y": 63.24}, {"l": "2021", "x": "2021-12-31", "y": -50.77}, {"l": "2022", "x": "2022-12-31", "y": -246.5}, {"l": "2023", "x": "2023-12-31", "y": 109}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2020", "x": "2020-12-31", "y": 124}, {"l": "2021", "x": "2021-12-31", "y": 122.6}, {"l": "2022", "x": "2022-12-31", "y": 281.5}, {"l": "2023", "x": "2023-12-31", "y": 77.67}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}

Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2023 (Q4) Dec 31	2023 (Q3) Sep 30	2023 (Q2) Jun 30	2023 (Q1) Mar 31	2022 (Q4) Dec 31	2022 (Q3) Sep 30
Revenue	16.6	16.6	16.14	16.14	15.12	15.12
Revenue Growth Rate	0%	2.79%	0%	6.75%	0%
Cost of Revenue	0	0	0	0	0	0
Gross Profit	16.6	16.6	16.14	16.14	15.12	15.12
Gross Margin	100%	100%	100%	100%	100%	100%
Operating Income	14.6	14.6	14.07	14.07	13.02	13.02
Operating Margin	88%	88%	87.14%	87.14%	86.1%	86.1%
Net Income	26.2	26.2	9.51	9.51	24.25	24.25
Net Margin	157.8%	157.8%	58.88%	58.88%	160.3%	160.3%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2023 (Q4) Dec 31	2023 (Q3) Sep 30	2023 (Q2) Jun 30	2023 (Q1) Mar 31	2022 (Q4) Dec 31	2022 (Q3) Sep 30
Revenue	16.6	16.6	16.14	16.14	15.12	15.12
Cash from Operating Activities	23.43	23.43	2	2	34.71	34.71
Cash from Operating Activities Margin	141.2%	141.2%	12.38%	12.38%	229.5%	229.5%
Free Cash Flow	23.43	23.43	2	2	34.71	34.71
Free Cash Flow Margin	141.2%	141.2%	12.38%	12.38%	229.5%	229.5%
Depreciation and Amortization	0	0	0	0	0	0
Depreciation and Amortization Margin	0%	0%	0%	0%	0%	0%
Capital Expenditure	0	0	0	0	0	0
Capital Expenditure Margin	0%	0%	0%	0%	0%	0%

Quarterly Chart

Monetary values in USD

{"sectionId": "section-chart-2", "sectionType": "chart", "title": "Quarterly Chart", "timeseries": "quarterly", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2022 (Q3)", "x": "2022-09-30", "y": 100}, {"l": "2022 (Q4)", "x": "2022-12-31", "y": 100}, {"l": "2023 (Q1)", "x": "2023-03-31", "y": 100}, {"l": "2023 (Q2)", "x": "2023-06-30", "y": 100}, {"l": "2023 (Q3)", "x": "2023-09-30", "y": 100}, {"l": "2023 (Q4)", "x": "2023-12-31", "y": 100}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2022 (Q3)", "x": "2022-09-30", "y": 86.1}, {"l": "2022 (Q4)", "x": "2022-12-31", "y": 86.1}, {"l": "2023 (Q1)", "x": "2023-03-31", "y": 87.14}, {"l": "2023 (Q2)", "x": "2023-06-30", "y": 87.14}, {"l": "2023 (Q3)", "x": "2023-09-30", "y": 88}, {"l": "2023 (Q4)", "x": "2023-12-31", "y": 88}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2022 (Q3)", "x": "2022-09-30", "y": 160.3}, {"l": "2022 (Q4)", "x": "2022-12-31", "y": 160.3}, {"l": "2023 (Q1)", "x": "2023-03-31", "y": 58.88}, {"l": "2023 (Q2)", "x": "2023-06-30", "y": 58.88}, {"l": "2023 (Q3)", "x": "2023-09-30", "y": 157.8}, {"l": "2023 (Q4)", "x": "2023-12-31", "y": 157.8}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2022 (Q3)", "x": "2022-09-30", "y": 229.5}, {"l": "2022 (Q4)", "x": "2022-12-31", "y": 229.5}, {"l": "2023 (Q1)", "x": "2023-03-31", "y": 12.38}, {"l": "2023 (Q2)", "x": "2023-06-30", "y": 12.38}, {"l": "2023 (Q3)", "x": "2023-09-30", "y": 141.2}, {"l": "2023 (Q4)", "x": "2023-12-31", "y": 141.2}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}